A high-profile road realignment project in Murfreesboro is running well behind schedule and now won't be finished until the end of 2017 rather than the middle of next year. Jennifer Reyes at NewsChannel 5 has the update on the "Bridge over Broad."
The Central Florida Expressway Authority has awarded an $85 million contract to revamp its toll collection system to Nashville-based TransCore. The contract calls for the upgrading of more than 300 toll lanes TransCore installed a decade and a half ago and is scheduled to be completed by 2018.
“More than 200 of our employees live and work in Central Florida, so we understand and appreciate the benefits this project will bring to the region. We fully support the Central Florida Expressway Authority’s goals to provide a system that can easily adapt to the growing needs of one of the country’s most popular destinations,” said Jim Wilson, senior vice president and project principal.
TransCore is owned by Florida-based holding company Roper Technologies (Ticker: ROP), which has a market value of $17.54 billion. It is part of Roper's RF Technology segment, which last year posted an operating profit of $271 million on revenues of $950 million.
Middle Tennessee leaders need to get to work on expanding transit options for the region's suburbanites, according to a new report from the Regional Transportation Authority of Middle Tennessee. Says RTA CEO Steve Bland: "If you believe we’re going to grow by a million people, tweaks — small improvements, short-term improvements — aren’t going to be anywhere near enough to maintain the quality of life that we’re used to here."
SEE ALSO: Tracking our transit future from our new Boom magazine